2017 BOB to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BOB to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BOB to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 18.8454. Conversely, the yearly low was recorded on December 28, dropping to 17.9539.
This high-to-low spread represents a total annual volatility of 0.8915 JMD. From a start-to-finish perspective, comparing the January average rate of 18.6175 to the December average rate of 18.0993, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 18.8454 was up 0.71% compared to the 2016 peak of 18.7134, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BOB to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 18.6276, compared to 18.3648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2627 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 0.4995 JMD (High: 18.8358 / Low: 18.3364). On the other end, January was the most stable month, with a tight range of 0.1266 JMD (High: 18.7036 / Low: 18.5769).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3355 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2017: 18.7032) against the same month in 2016 (average: 18.1918), the exchange rate shifted by +0.5114 (+2.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.7036 | 18.5769 | 18.6175 |
| February | 18.6716 | 18.5248 | 18.6043 |
| March | 18.6993 | 18.5448 | 18.5884 |
| April | 18.7274 | 18.5499 | 18.6142 |
| May | 18.7442 | 18.4983 | 18.6378 |
| June | 18.8454 | 18.6403 | 18.7032 |
| July | 18.6922 | 18.3157 | 18.4334 |
| August | 18.5093 | 18.1646 | 18.3482 |
| September | 18.8358 | 18.3364 | 18.6019 |
| October | 18.8449 | 18.3457 | 18.5209 |
| November | 18.3525 | 18.0539 | 18.1854 |
| December | 18.2596 | 17.9539 | 18.0993 |